Q4 FY26 Quarterly Operational and Strategic Update
Net debt reduced to A$36.6M, Mining daily hire rates up 7% on Q2 FY26, and the workshop consolidation into Kurri Kurri completed. Engineering conditions remain subdued.
AI summary
- Net debt fell to A$36.6M from A$38.9M at 31 March 2026, and the quarter was free cash flow positive.
- Mining average daily hire rate reached A$81.4k, up 0.9% on the prior quarter and about 7% on Q2 FY26.
- Engineering contracted work in hand fell to A$11.6M from A$15.4M in Q2 FY26.
Generated from the announcement, then reviewed by Alfabs before publication. Refer to the PDF for the authoritative version.